Is Tallahassee, FL a good place to invest in rental property?

Tallahassee, FL has a median modeled monthly cash flow of $-510 and a median cap rate of 4.2%, on a median sold price of $297,500. Prices changed +0.5% year over year.

What is the average cap rate in Tallahassee, FL?

The median cap rate across recently sold homes in Tallahassee, FL is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tallahassee, FL?

The median sold price in Tallahassee, FL is $297,500 (about $194 per square foot).

Investing in Tallahassee, FL Real Estate

A data-driven snapshot of the Tallahassee, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$297,500Median sold price

$194Median $/sqft

4.2%Median cap rate

$-510Modeled cash flow / mo

+0.5%Appreciation YoY

10.6Months of supply

2,701Active listings

3,052Sold (last 12 mo)

What the Tallahassee numbers say

In Tallahassee, FL, the median home sold for $297,500 (about $194 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-510 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 10.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 8 fix-and-flip deals in Tallahassee — listings where the estimated after-repair value beats list price + rehab.

Other Florida markets to compare

See Tallahassee cash-flowing listings

CashFlowRE ranks every for-sale home in Tallahassee, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Tallahassee deals, or browse the national market data.